Market Research Report
North America Exercise Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
|Published by||IMARC Services Private Limited||Product code||919559|
|Published||Content info||87 Pages
Delivery time: 2-3 business days
|North America Exercise Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024|
|Published: December 10, 2019||Content info: 87 Pages||
The North America exercise bike market reached a value of US$ 224.4 Million in 2018. Exercise bikes, also known as exercycle or stationary bikes, are cardiovascular equipment used for staying fit or losing weight. These easy-to-use bikes offer a low-impact aerobic workout, which is similar to riding a road or street bike. Moreover, they are simple to use than regular bikes or treadmills as they do not require much balance and coordination, thereby minimizing the chances of injury. Further, they are proven to be an ideal solution for people who have lower back and joint issues.
North America exercise bike market is currently being driven by several factors. The majority of the population in the region consumes processed food products, which exceed the recommended levels of sugar, sodium and saturated fats. This has led to a rise in the prevalence of obesity as well as other lifestyle diseases, such as stress, diabetes and hypertension. With an increase in the obesity rates, the exercise bike market is experiencing steady growth in the region. In addition to this, manufacturers are constantly incorporating advanced technologies in exercise bikes, such as live streaming and virtual reality, which is spurring their demand in North America. Moreover, exercise bikes are available in different forms, including upright exercise bikes and recumbent exercise bikes. This provides the consumers with multiple options to choose from according to their requirements and comfort. Looking forward, IMARC Group expects the market to reach a value of US$ 270.3 Million by 2024, registering a CAGR of 3.2% during 2019-2024.
Report Customization: Although IMARC has tried to cover everything in the North America exercise bike market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.